Within the insurance sector, the GLBA
allowed insurance agencies to cultivate new revenue streams by offering bank products to their customers.
Irving case raises the issue of whether the GLBA
is an overdose of a good thing, or whether the court engaged in an overly rigid reading of a statute.
Had Congress not anticipated OCC action interpreting the GLBA
, there would be no need for an 'OCC Deference' provision of the GLBA
," he wrote.
also authorizes national banks to directly underwrite, purchase, and deal in municipal revenue bonds.
MAP enables financial institutions to give an examiner, auditor or other independent party, responsible for reviewing your risk assessment, temporary limited access to a repository of documents.
permits financial holding companies to engage in securities underwriting and dealing, insurance underwriting, merchant banking, and expanded insurance agency activities.
Those employees who answer the phones or open the mail need to know what is a GLBA
(opt-out) request and how it should be processed," she emphasizes.
In addition to providing immediate protection from diverse email security threats - including spam, viruses, phishing, spyware, dangerous URLs and other email abuse, the powerful Mailstream Manager policy engine provides messaging compliance by enabling point and click creation of policies for the enforcement of SB 1386, GLBA
and HIPAA, among others.
software also performs physical security reviews, audits and vulnerability assessments of facilities and personnel.
Therefore, as currently interpreted, GLBA
requires practitioners who provide, among other things, tax planning and tax preparation services to individual clients, to give notice of the practitioner's policy regarding disclosure of private information at the start of an engagement, and annually thereafter.
The agencies minimized the compliance burden on banks and thrift institutions by making the proposed rules for notice and opt-out provisions generally consistent with recently adopted privacy regulations that were required under the GLBA
Sarbanes-Oxley 404, HIPAA, GLBA
and FISMA), industry mandates (e.